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‘Consider quitting smoking before it is too late’- local bank urges

‘Consider quitting smoking before it is too late’- local bank urges

Bank Windhoek recently conducted free lung function tests and a smoking cessation programme from an on-site clinic for its employees in Windhoek.

The on-site clinic collaborated with Lindsay Zurba, who has over 20 years’ experience in the area of respiratory healthcare, including degree level modules in Asthma, Chronic Obstructive Pulmonary Disease (COPD), smoking cessation and spirometry. a respiratory healthcare specialist who encouraged and educated employees on the benefits of a healthy respiratory system and how to quit smoking and its health benefits.

The bank’s employees with chronic symptoms such as coughing, shortness of breath, a tight chest and wheezing were invited to make use of the opportunity to get advice and support on any respiratory related health matter.

“After I lost both of my parents to cancer, coupled with high blood pressure and the constant coughing, I decided to stop smoking. There is so much to gain and absolutely nothing to lose. I feel so much more energetic, food tastes better, it is easier to fall asleep and my concentration at work has improved tremendously,” said the bank’s Business Efficiency Improvement Officer, Barend Van der Walt, who recently quit smoking after 20 years.

Van der Walt encouraged other smokers to consider quitting before it is too late, adding that it is not easy to quit, but once you do, it feels great. He gave tips on smoking; saying that when feeling the urge to smoke, drink a glass of cold water; start exercising, this helps to take your mind of smoking and will help improve the quality of sleep; try relaxation exercises when feeling anxious, depressed or irritated and reward yourself with the money you save.


About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

Following reverse listing, public can now acquire shareholding in Paratus Namibia


20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.